Company Formation in Panama | Panama Business Setup Services
Panama Business Setup Support

Company Formation in Panama for Global Founders

Establishing a business in Panama opens doors to Latin America and beyond. Our team helps foreign entrepreneurs, investors, and digital-first businesses complete company formation in Panama with more clarity and less guesswork. We support the legal, structuring, and compliance side so you can focus on growth and execution.

Ready to explore Panama company formation properly? Speak with our team for a confidential consultation about your structure, goals, setup requirements, and next steps.
0% Tax on foreign-sourced income under Panama’s territorial system
Remote Company incorporation can often be handled without travelling
Fast Most formations are completed within a few business days to two weeks
Why Panama

A jurisdiction chosen for flexibility, reach, and efficient structuring

Panama is often considered by international founders and investors who want a practical base for cross-border activities, holding structures, or service businesses earning income outside Panama.

Panama as a strategic business hub

Its location, legal familiarity, and regional connectivity make Panama appealing for businesses that want a practical base linking North America, Latin America, and wider international trade routes.

World map highlighting Panama as a strategic business hub connecting North and South America with global trade routes

What makes Panama attractive

  • Territorial tax framework that generally excludes foreign-sourced income from Panamanian corporate tax
  • Privacy-focused structure with beneficial owner data recorded privately under regulated procedures
  • Fast incorporation process with flexible ownership for foreign shareholders and directors
  • Stable legal framework for corporations and modern compliance standards
  • Strategic location linking North America, Latin America, and global trade routes
  • Use of the US dollar alongside the Balboa, helping reduce currency friction

Well suited for

  • Holding structures
  • Asset-protection vehicles
  • Regional trading hubs
  • SaaS ventures and digital businesses
  • Consultancy businesses serving international clients

If you need a physically staffed office in Panama or intend to undertake regulated local activities, additional licensing and substance requirements may apply.

Who We Serve

Built for founders, investors, and international businesses

Whether you are entering Latin America, protecting assets, or setting up a cross-border operating structure, we help evaluate whether Panama is the right fit.

International entrepreneurs & SMEs

For owners looking for a practical base for international operations and expansion.

Investors & holding companies

For those seeking flexible ownership structures and asset-protection considerations.

Digital businesses & freelancers

For remote-first founders earning from clients and customers around the world.

Consultants & service firms

For businesses delivering advisory, agency, or specialist services internationally.

Start-ups & scale-ups

For ventures diversifying risk, improving flexibility, and exploring regional growth.

International entrepreneurs meeting a business advisor to discuss company formation in Panama

Expert guidance before you commit

Before you form the company, we help you assess whether Panama truly fits your ownership structure, banking expectations, business model, and expansion plans.

Our Services

End-to-end support for Panama company formation and compliance

We do more than file documents. We help you choose the right structure, organise the paperwork, support banking preparation, and keep the company in good standing.

Entity Selection & Incorporation

We help you choose between Corporation, LLC, IBC, or branch office based on ownership, control, operational needs, and long-term plans.

  • Structure guidance based on your use case
  • Drafting of incorporation documents in Spanish
  • Name reservation and registry filing
  • Government fee coordination
  • Certificate of incorporation and corporate records

Registered Agent & Legal Address

We arrange the required resident agent and registered office support so your entity is properly set up under Panamanian law.

  • Resident agent coordination
  • Registered office support
  • UBO-related compliance guidance
  • Local legal presence requirements

Bank Account & Financial Setup

We support documentation readiness for banking, including KYC packages, resolutions, and business information needed for smoother onboarding.

  • KYC and source-of-funds preparation
  • Business plan and supporting documents
  • Bank introduction coordination
  • Alternative jurisdiction guidance if needed

Compliance & Ongoing Support

Once incorporated, we help keep your company organised, compliant, and ready for ongoing governance requirements.

  • Annual franchise tax guidance
  • Accounting records maintenance support
  • Corporate resolutions and registers
  • Guidance on licensing where applicable

Need help deciding whether Panama is right for your business?

We can review your goals, target markets, ownership structure, and banking considerations before you commit to incorporation.

How It Works

A clear process from initial consultation to ongoing compliance

We keep the process structured, so you know what is needed, what comes next, and where banking or licensing may affect timelines.

1

Initial Consultation

We discuss your goals, target markets, and whether a corporation, LLC, or IBC best fits your needs.

2

Structuring & Documentation

We collect passport copies, proof of address, and your business overview, then prepare the documents.

3

Filing & Registration

Our local partners file with the Public Registry and coordinate the required government formalities.

4

Banking & Licensing

We help you prepare for banking and advise on any licence needs linked to your business activity.

5

Ongoing Compliance

We assist with franchise tax deadlines, records, governance support, and ongoing obligations.

Why Choose Us

Commercially practical guidance backed by professional oversight

Panama-focused support

Guidance built around the realities of Panamanian business structures and formation requirements.

Professional backing

Supported by Bestax for stronger coordination between setup, accounting, and tax considerations.

Transparent communication

We explain structure requirements, banking realities, and compliance obligations clearly.

Personalised service

You work with a dedicated advisor from the first enquiry through incorporation and beyond.

Compliance-first approach

We prioritise proper AML, KYC, and governance support to protect your business setup.

Start the conversation before you start the paperwork

Tell us what you want to build, where your clients are based, and how you plan to operate. We will help map the right next step.

FAQs

Common questions before setting up a company in Panama

Can a foreigner own 100% of a Panama company?

Yes. Panamanian structures are commonly used by foreign individuals and foreign-owned groups, with no general residency requirement for ownership.

Do I need to travel to Panama to incorporate?

Usually not for incorporation itself. Some banks, however, may still require an in-person step depending on their internal compliance procedures.

What documents are usually required?

Typically passport copies, proof of address, business description, and, for banking, source-of-funds information and supporting commercial details.

How long does the process usually take?

Many formations are completed in a few business days to two weeks, though banking and regulated licences can extend the timeline.

What entity options are available?

Common options include corporations, LLCs, IBC-style structures, and branch or representative office arrangements depending on your operating model.

How are foreign-sourced earnings treated?

Under Panama’s territorial regime, foreign-sourced income is generally not taxed in Panama, though home-country tax rules still need to be assessed separately.

Begin Your Panama Company Journey

Ready to move forward with a Panamanian entity?

Speak with our advisors to assess your goals, review your options, and get a clear path forward for incorporation, banking preparation, and compliance support.